ReddCoin (RDD): How Does the Chart Look Tuesday?

ReddCoin receives an average long-term technical score of 45 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the coin's consistency, volatility, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. Currently, RDD holds a superior long-term technical analysis score than 45% of crytpocurrencies. Long-term investors employing a buy-and-hold strategy will find the Long-Term Rank especially relevant when allocating their assets and may find additional value finding cyptos with a high short-term technical score to discover coins that have bottomed out.

InvestorsObserver is giving ReddCoin a 45 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on ReddCoin!

See Full Report

Trading Analysis

The current trading price of $0.000339887 for RDD is -$0.0001483 (-30.38%) below the coins 100-day moving average of $0.000488178. RDD meanwhile is $0.0001567 (-6003732.12%) above its 52-week low of $0.000183214 and -$0.00355420 (-256790.68%) under its 52-week high price of $0.003894090. ReddCoin's current price relative to the coins long-term average and 52-week high and low, gives the crypto an average long-term technical score of 45. The price movement and range of RDD suggest that investors are bearish on the coin at this time. ReddCoin currently has a total market cap of $10,331,650.13 to go along with its average daily volume of $57,723.26 worth of the currency over the past seven days. RDD's volume is below its seven day average as of the past 24 hours, with 8,378.80 exchanged in that period. This coin's subclass Content: Crypto projects with a focus on producing additional content for users invested into the underlying ecosystem. Content creators can use blockchain technology distribute content to a group of subscribers or investors.

Summary

Trading patterns over the last year for ReddCoin leads to the coin's an average long-term technical score of 45 as its consistency, volatility, and relation to long-term averages has given investors reason to be bearish on the coin. Click Here to get the full Report on ReddCoin (RDD).